Latest Market Updates and Live News – June 13, 2024
Stock Market Today Live Updates: Nifty 50 and Sensex Reach Record Highs
In today’s stock market news, the Nifty 50 and Sensex have hit record highs, with the Sensex surging over 500 points to trade above the 77,100 level, while the Nifty 50 rallied more than half a percent to around 23,480. This surge in the stock market comes as investors remain optimistic about the economic outlook and corporate earnings.
The market is also seeing strong performances from midcap and smallcap indices, indicating broad-based strength in the market. Investors are closely watching the market movements and are looking for opportunities to capitalize on the bullish trend.
Experts are recommending buying breakout stocks such as ITDC, Asian Granito, Gravita India, Associated Alcohols, and Elecon Engineering. These stocks are showing strong potential for growth and could provide good returns for investors.
Overall, the stock market is showing positive signs, with investors earning significant gains in a day. The market is expected to continue its upward trajectory, with the Nifty 50 potentially reaching 25,816 before the Union Budget 2024. Investors are advised to stay informed and make strategic investment decisions to maximize their returns in this bullish market.